Rising Home Values Mean You Can Potentially Eliminate Costly Monthly Mortgage Insurance!
- Refinance into a conventional loan with no monthly PMI payment!
- Quick turn times – close in 15 days or less
- Potentially save hundreds of dollars each month
Find Out What Your Home Is Worth! – Call Today.
208-854-7800 – Or Contact Us Online
What Is PMI?
If you purchased your home with less than a 20% down payment, chances are your lender required that you purchase private mortgage insurance (PMI). PMI protects the lender from losing money if you are unable to make the mortgage payment.
How much is PMI?
PMI fees vary from around 0.3 percent to about 1.5 percent of the original loan amount per year, depending on your credit, and/or the size of the down payment.
How do you get rid of PMI?
Call Capital Mortgage Today, and one of our local home loan experts with help you determine if you qualify!